Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Since no one seems to have linked to this yet, here are Tom Jacob's public comments on ES from June:

Back in September 2011, ES was the "come-on" stock for Special Ops, trading then at around $3.25/share. For better or worse, this will be a reputational stock for TJ. I have no idea what he recommended to subscribers, but this sounds like a "double-down" call if you have the risk tolerance.

I'm glad I ignored the marketing on this one, but did put it on my radar and at this price it is starting to look interesting to me. Take a look at the TMF Energy Map for North America:

Nuclear isn't going away anytime soon (despite Germany's policy) and there will be plenty of opportunities for the waste-handlers. The big question is whether ES will survive to be one of the prominent players.

For a more dour take on the situation, see Morningstar, who now says ES has No Moat:

The key sentence for me is: "return on equity [has been] well below its estimated cost of equity over the past few years." If they can't get return above cost of equity, this will be a money-loser until they bury themselves. The Morningstar report strikes me as completely backwards-looking, whereas the key question is whether the new management has a plan and can execute to get that return/cost ratio going in the right direction.

Good hunting!
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.